Joseph Thomas Foundation is located in Abilene, TX. The organization was established in 2008. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph Thomas Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Joseph Thomas Foundation generated $173.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $123.4k during the year ending 12/2021. While expenses have increased by 29.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ASSISTANCE IN THE FORM OF DONATIONS TO SPECIAL NEEDS CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roenna Thomas Secretary | 0 | $0 | |
John Thomas President | 0 | $0 | |
Jeanne Winkels Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $173,349 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $173,349 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $40,462 |
Professional fees and other payments to independent contractors | $925 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $81,995 |
Total expenses | $123,382 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $125,278 |
Other assets | $0 |
Total assets | $125,278 |
Total liabilities | $0 |
Net assets or fund balances | $125,278 |
Over the last fiscal year, we have identified 5 grants that Joseph Thomas Foundation has recieved totaling $50,566.
Awarding Organization | Amount |
---|---|
San Angelo Area Foundation San Angelo, TX PURPOSE: HEALTH | $25,367 |
Legett Foundation Abilene, TX PURPOSE: CHARITABLE - OPERATING SUPPORT | $10,000 |
Community Foundation Of West Texas Lubbock, TX PURPOSE: MEDICALLY FRAGILE CHILDREN FINANCIAL ASSISTANCE AND CLOSET | $10,000 |
Dian Graves Owen Foundation Abilene, TX PURPOSE: GENERAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $199 |
Organization Name | Assets | Revenue |
---|---|---|
Pure Inc Bentonville, AR | $3,138,267 | $27,808,227 |
Buckner Foundation Dallas, TX | $503,977,405 | $46,631,365 |
Panhandle Community Services Amarillo, TX | $11,013,426 | $24,011,483 |
The Citizens Foundation Usa Houston, TX | $7,765,514 | $19,916,524 |
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |